All posts by Colin Robertson

Mortgage Bubble Byproduct: Homeowner Education

July 17, 2007 No Comments »

All this talk about the mortgage industry hitting a wall has actually turned into something really positive. The housing bubble and subprime blowout have generated a dialogue about mortgages nationwide, with the surprising byproduct being education. Through all the stories, ... Read More »

Pay Rate vs. Teaser Rate

June 28, 2007 No Comments »

If you scan through mortgage programs and lender rate sheets you may have come across mortgage lingo such as “pay rate” or “teaser rate”. Though the two terms are sometimes used interchangeably by loan officers, mortgage lenders, and mortgage brokers, ... Read More »

Predatory Lending Q & A

June 19, 2007 No Comments »

I did a recent interview regarding predatory lending. I thought I’d share it here to offer a better insight as to what predatory lending is, and how it can affect you and your family. 1. How would you define predatory ... Read More »

Richard Branson Enters Mortgage Biz with New Acquisition

June 2, 2007 No Comments »

Sir Richard Branson and his seemingly never-ending business plan has entered a new industry, surprisingly, mortgage. While many critics may think his timing is a bit funny, given the current state of the housing market, his spin on mortgages is ... Read More »

Are RealtyTrac’s Foreclosure Listings Misleading?

Are RealtyTrac’s Foreclosure Listings Misleading?
May 28, 2007 No Comments »

As the foreclosure market gains more steam and becomes the focus of the stagnating housing market, companies like RealtyTrac are beginning to grab a share of the limelight, and the profits. RealtyTrac, an Irvine, CA based company, specializes in foreclosure ... Read More »

Bank of America No Fee Mortgage

May 9, 2007 No Comments »

Bank of America, the sixth-largest home mortgage lender by new loan volume last year in the United States, released a new “no fee mortgage” program last week that promises absolutely no closing costs and application to funding turnaround time guarantees. ... Read More »

Ditech Freedom Loan

April 21, 2007 No Comments »

Amidst the subprime disaster and the current mortgage industry overhaul, companies like Ditech continue to release risky mortgage programs that remind of us how we got into this mess to begin with. I recently saw an advertisement on television for ... Read More »

Historical Conforming Loan Limits

April 21, 2007 No Comments »

For those who are unaware, conforming mortgages are loans that fall within the guidelines of Fannie Mae and Freddie Mac, the two largest financiers of home loans in the United States. Conforming loans typically have the lowest mortgage rates, but ... Read More »

Portfolio Loans: A Solution for Hard to Close Mortgage Deals

April 12, 2007 No Comments »

If you’re having a tough time getting home loan financing using a mortgage broker or a local mortgage lender, consider contacting a portfolio lender directly to close your mortgage. They can offer solutions that others cannot, and may have just ... Read More »